The net income or net loss is calculated on the
statement of owner’s equity.
Answer: $15,000 gift from Diana’s mother for the down payment of their new house
Explanation: under the US code 102- Gifts and other inheritances. Gross income does not include the value of property acquired by gift. Money given as gifts to purchase a property are not taxable.
Answer:
Representative democracy.
Explanation:
Representative democracy refers to a system where the people govern through the election of parties or representatives with decision-making rights. Representative democracy can also be seen as a collective term for a number of democratic models. Common to these, however, is that the core consists of regularly recurring elections between competing representatives. People's sovereignty is achieved by the citizens influencing the government by voting in these elections. It is by far the most widespread method of exercising authoritative and legitimate control, demanding responsibility and developing debate in modern democracies.
Regulations exist according to the Green New Deal signed in the UN and applied rather loosely inside the country.
Explanation:
The green new deal is basically responsible for the laws that are being written over the use of plastic and its manufacture and shipping in the country due to the volatility of plastic products in the environmental sphere and how terribly they have been responsible for global warming.
The laws according to the Green New Deals regulate the making of plastic in function to its consumption, effect to the environment and the decay rate.